Apple's iPod, iTunes help triple digital music sales
updated 01:20 pm EDT, Mon October 3, 2005
Digital music sales triple
Sales of digital music tripled in the first half of 2005, , the iPod popularity, and mobile "ringtunes"--even as global music sales fell 1.9 percent. According to Reuters, digital music now makes up six percent of total sales, or $790 million, and sales of CDs and music in other physical formats continued a long decline that the music industry blames on piracy, falling to $13.2 billion from $13.4 billion one year earlier. The IFPI reportedly said that lower CD prices, flagging DVD music video sales and competition from other entertainment sectors also contributed to the decline. In the United States, which is the world's biggest music market, physical music sales fell 5.3 percent by value,



Fresh-Faced Recruit
Joined: Dec 2001
Sales are up
$200 million in less sales when CD prices have been cut, digital sales are cheaper than physical copies, digital sales cuts manufacturing costs etc. probably mean that they've sold MORE music by the unit than before and even earned better on that amount too. What has IPFI to tell us about that? Statistics is a tool to help you say exactly what you want to say, not to always say the truth...